10 Biggest Startup Layoffs In India Till March 2023

Udaan

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Cars24

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OYO

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MFine

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Vedantu

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WhiteHat Jr

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Unacademy

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Blinkit

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Ola

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BYJU'S

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10 Biggest Startup Layoffs In India Till March 2023

Udaan

530

% of Employees

Reason

Sector

NR

Ecommerce

Cost Cutting

Cars24

600

% of Employees

Reason

Sector

7.0%

Ecommerce

Cost Cutting, Automation

OYO

600

% of Employees

Reason

Sector

16.0%

Consumer Services

Restructuring

MFine

600

% of Employees

Reason

Sector

75.0%

Healthtech

Financial Constraints

Vedantu

1109

% of Employees

Reason

Sector

19.0%

Edtech

Financial Constraints

WhiteHat Jr

1300

% of Employees

Reason

Sector

20.0%

Edtech

Employees Asked To Resign If They Can't Return To Office

Unacademy

1500

% of Employees

Reason

Sector

25.0%

Edtech

Cost Cutting

Blinkit

1600

% of Employees

Reason

Sector

5.0%

Consumer Services

Cost Cutting

Ola

2300

% of Employees

Reason

Sector

NR

Consumer Services

Restructuring

BYJU'S

2500

% of Employees

Reason

Sector

5.0%

Edtech